PDR – successful bid winner of the Bac Ha Thanh Residential Area

Focusing on investment into the residential area and new urban area development projects in the central coastal provinces was one of PDR’s 2019 breakthrough strategic orientations.

PDR (HOSE: PDR) was approved by the People’s Committee of Binh Dinh Province. Accordingly, the 1/500 scale detailed plan was made for the Investment Project on Bac Ha Thanh Residential Area, covering an area of 55.7 ha located in NDT-3 Zone along the (new) National Highway No. 19 at section from Quy Nhon City to Tuy Phuoc District, Binh Dinh province.

Bac Ha Thanh Residential Area is one of the key projects in the urban area development and expansion plan of Quy Nhon City.

Bac Ha Thanh Residential Area is one of the key projects in the urban area development and expansion plan of Quy Nhon City. Its 1/2,000 scale construction zoning plan was approved by the People’s Committee of Binh Dinh City.

As of auction date, VND 1,114 billion was injected into the project, as unveiled by Binh Dinh Province’s Department of Planning and Investment.

In addition to the bid award for development of Bac Ha Thanh Residential Area Project, PDR was also awarded with the auction for Zone No. 4 of the Nhon Hoi Ecotourism Urban Area Project, covering an area of 34 hectares. Thanks to that, PDR has gained strong presence in Binh Dinh Province, which is known as one of most busy coastal tourism hubs in Vietnam.

PDR’s strategy on developing residential area and urban area projects in coastal regions as well as the 2019 objectives to gain 400-hectare of land banks were successfully realized.

Source: vneconomy.vn